CAMS Exam Dumps | The Financial Action Task Force recommends the incorporation of some measures in customer due diligence

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Question 63/304

The Financial Action Task Force recommends the incorporation of some measures in customer due diligence programs including:

A. identifying the number of beneficial owners without the verification of their true identity.

B. conducting the risk assessment of products and services.

C. conducting ongoing due diligence on the business relationship and monitoring of transactions.

D. identifying the products and services and their suitability to customers.

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